Mobileye Global Inc (NASDAQ:MBLY) price on current trading day, rose 16.91% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $15.14.
A look at the stock’s price movement, the close in the last trading session was $12.95, moving within a range at $12.785 and $15.33. The beta value (5-Year monthly) was 0.377. Turning to its 52-week performance, $33.26 and $10.48 were the 52-week high and 52-week low respectively. Overall, MBLY moved 2.09% over the past month.
Mobileye Global Inc’s market cap currently stands at around $12.29 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Jan-29.
Analysts have a consensus estimate of 434.69M for the company’s revenue for the quarter, with a low and high estimate of 425M and 441M respectively. The average forecast suggests up to a 81.88% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.75B, representing a 5.87% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MBLY is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
12 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 11 recommend MBLY as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MBLY’s current price about 3.00% and -3.21% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.45, while 7-day volatility ratio is 13.76% and 7.57% in the 30-day chart. Further, Mobileye Global Inc (MBLY) has a beta value of 0.47, and an average true range (ATR) of 1.31. Analysts have given the company’s stock an average 52-week price target of $18.5, forecast between a low of $11 and high of $30. Looking at the price targets, the low is 27.34% off current price level while to achieve the yearly target high, price needs to move -98.15%. Nonetheless, investors will most likely welcome a -22.19% jump to $18.5 which is the analysts’ median price.
If we refocus on Mobileye Global Inc (NASDAQ:MBLY), historical trading data shows that trading volumes averaged 4.73 over the past 10 days and 4.95 million over the past 3 months. The company’s latest data on shares outstanding shows there are 100.23 million shares.
The 88.51% of Mobileye Global Inc’s shares are in the hands of company insiders while institutional holders own 12.89% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 25.79 million on 2025-03-14, giving us a short ratio of 7.15. The data shows that as of 2025-03-14 short interest in Mobileye Global Inc (MBLY) stood at 3559.9998 of shares outstanding, with shares short rising to 25.55 million registered in 2025-02-14. Current price change has pushed the stock -24.00% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MBLY stock continues to rise going into the next quarter.
